You think it's easy, but I've been waiting for 10 hours for this pattern to be confirmed so I close the position and start the next trade until tomorrow! .
Here are 2 of the 28 tabs that I have open in different browsers and applications.
In the first image there is $BTC in the middle of a daily range that has been going on for about 3 months and in the other two, $BOME coming out of a wedge, according to Elliott wave theory, it would come out of wave 4 (Complex) to reach its target in wave 5, which according to the Fibonacci extension would be 0.012, my exit at 0.019 to ensure and having entered at approximately 0.0081, I would be achieving a 46.6% profit. .
Below the RSI tells me about buying in H4 and a bearish HCH figure was formed, that makes me doubt that I can reach my objective, so I will put a Stop Loss in the corrective wave "C" of wave E4.
The mother of corrections is coming before the Bull, prepare liquidity.
***IT IS NOT AN INVESTMENT RECOMMENDATION***
See you !